CGI(GIB)
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Canaccord Lowers CGI Inc. (GIB) PT to C$150 While Maintaining Buy Rating
Yahoo Finance· 2026-02-06 15:34
CGI Inc. (NYSE:GIB) is one of the most undervalued Canadian stocks to buy according to hedge funds. On January 29, Canaccord lowered its price target for CGI to C$150 from C$155 while maintaining a Buy rating. On January 27, TD Securities transferred coverage of CGI to analyst David Kwan, who maintained a Buy rating and a C$145 price target. The firm expressed confidence that CGI is positioned to achieve enhanced organic growth and margin improvements, which are expected to support its robust free cash fl ...
Stock news: Dividend hikes, earnings results, and what moved Canadian stocks this week
MoneySense· 2026-02-06 06:36
Financial Performance - Suncor reported adjusted operating earnings of $1.33 billion, or $1.10 per share, a decrease from $1.57 billion, or $1.25 per share in the prior-year quarter [1] - ATS Corp. achieved a net income of $30.0 million, up from $6.5 million a year ago, with revenue increasing nearly 17% [4] - CGI Inc. reported a first-quarter profit of $442.0 million, slightly up from $438.6 million a year earlier, with revenue rising nearly 8% to $4.08 billion [8] - Thomson Reuters reported a fourth-quarter profit of $332 million, down from $587 million a year earlier, with revenue totaling $2.01 billion, up from $1.91 billion [11][13] - BCE Inc. reported a fourth-quarter profit attributable to common shareholders of $594 million, compared to $461 million a year earlier, with profit per share increasing from 51 cents to 64 cents [14] Adjusted Earnings - ATS reported adjusted earnings of 48 cents per share, up from 32 cents per share a year earlier [5] - CGI's adjusted earnings were $2.12 per diluted share, an increase from $1.97 per diluted share a year ago [8] - Thomson Reuters reported adjusted earnings of $1.07 per share, up from $1.01 per share a year earlier [13] Revenue Growth - Suncor's operating revenues were $12.04 billion, down from $12.53 billion [2] - ATS's revenue for the quarter totaled $760.7 million, up from $652.0 million [5] - CGI's revenue increased to $4.08 billion from $3.79 billion [8] - Thomson Reuters' revenue rose to $2.01 billion from $1.91 billion [13] Strategic Developments - CGI announced a collaboration deal with OpenAI to expand the use of artificial intelligence across its business [9]
CGI expands presence in Atlanta with Stratfield Consulting
Prnewswire· 2026-02-04 11:30
Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom ATLANTA, Feb. 4, 2026 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest independent technology and professional services firms, today announced the signing of an agreement to acquire Stratfield Consulting, further strengthening CGI's position in Atlanta, a key U.S. growth market. The combination is expected to be completed in February 2026, subject to customary closing conditions. An Atlanta-based management and technology co ...
CGI appoints Gopal Chhetri to lead its Global Capability Centers business
BusinessLine· 2026-02-03 12:06
BANGALORE, India, Jan. 30, 2026 /PRNewswire/ -- CGI (TSX: GIB.A) (NYSE: GIB), one of the world’s largest independent IT and business consulting services firms, has appointed Gopal Chhetri, Senior Vice-President, Asia Pacific Global Delivery Centers of Excellence, to lead CGI’s Global Capability Centers (GCCs) business. Gopal will lead CGI’s AI-first GCC strategy, helping scale delivery and transformation capabilities for clients and strengthening India’s role in CGI’s global delivery ecosystem.As GCCs move ...
CGI Inc. (NYSE:GIB) - A Key Player in IT and Business Consulting Services
Financial Modeling Prep· 2026-01-29 22:05
Company Overview - CGI Inc. is a significant player in the IT and business consulting services sector, founded in 1976, employing 94,000 consultants and professionals globally [1] - The company offers a wide range of services, including strategic IT and business consulting, systems integration, and managed IT services, operating through a local relationship model supported by a global delivery network [1] Stock Performance - As of the latest update, CGI's stock price is $86.47, reflecting a slight increase of 0.14% or $0.12, with a trading range between a low of $84.90 and a high of $87.57 for the day [3] - Over the past year, CGI's stock has reached a high of $122.79 and a low of $83.75, with a current market capitalization of approximately $19.06 billion [3] Analyst Ratings - On January 29, 2026, CIBC adjusted its rating for CGI to Neutral while maintaining a hold action, revising the price target from C$139 to C$132 [2] - This adjustment followed CGI's Annual General Meeting of Shareholders, where all 13 proposed directors were successfully elected [2] Trading Activity - CGI's trading volume for the day is 232,925 shares on the NYSE, indicating investor interest and activity in the stock [4] - Despite recent adjustments by CIBC, CGI remains a significant player in the IT and business consulting industry, leveraging its extensive workforce and global delivery network [4]
CGI Inc. (GIB.A:CA) Shareholder/Analyst Call Transcript
Seeking Alpha· 2026-01-28 21:12
PresentationBenoit DubéExecutive VP of Legal & Economic Affairs and Corporate Secretary [Foreign Language] [Interpreted] Hello, everyone. My name is Benoit DubA, and on behalf of the Board of Directors and senior management, I would like to welcome you to CGI's Annual General Meeting of Shareholders. The meeting will be conducted in French and English and simultaneous interpretation is available. [Operator Instructions] The webcast platform allows shareholders to ask questions and allows shareholders and du ...
CGI Group Q1 Earnings Call Highlights
Yahoo Finance· 2026-01-28 17:02
CGI Group logo CGI Group (NYSE:GIB) reported first-quarter fiscal 2026 results marked by higher revenue, a book-to-bill ratio above 1.0, and what management described as record operating cash flow, while also navigating impacts from a U.S. federal government shutdown and a one-time cost item in India. Financial results and regional performance Executive Vice President and CFO Steve Perron said CGI delivered CAD 4.1 billion in revenue, up 7.7% year over year, or 3.4% excluding foreign exchange impacts. P ...
CGI(GIB) - 2026 FY - Earnings Call Transcript
2026-01-28 17:02
CGI (NYSE:GIB) FY 2026 Annual General Meeting January 28, 2026 11:00 AM ET Company ParticipantsBenoit Dubé - EVP of Legal and Corporate Affairs, and Corporate SecretaryChristina Fong - ShareholderFrançois Boulanger - President and CEOJulie Godin - Executive Chair of the Board of DirectorsSteve Perron - EVP and CFONone - Company RepresentativeNone - Video Narrator 8None - Video Narrator 9NoneBonjour, à toutes et à tous! Hello, everyone. My name is Benoit Dubé, and on behalf of the board of directors and seni ...
CGI(GIB) - 2026 FY - Earnings Call Transcript
2026-01-28 17:02
CGI (NYSE:GIB) FY 2026 Annual General Meeting January 28, 2026 11:00 AM ET Company ParticipantsChristina Fong - ShareholderJulie Godin - Executive Chair of the Board of DirectorsSerge Godin - Founder and Co-Chair of the Board of DirectorsSteve Perron - EVP and CFONone - Company Representative 1None - Company Representative 2None - Company Representative 3None - Video Narrator 8None - Video Narrator 9None[Foreign language]. Hello, everyone. My name is Benoit Dubé, and on behalf of the Board of Directors and ...
CGI(GIB) - 2026 FY - Earnings Call Transcript
2026-01-28 17:00
CGI (NYSE:GIB) FY 2026 Annual General Meeting January 28, 2026 11:00 AM ET Speaker2Bonjour, à toutes et à tous! Hello, everyone. My name is Benoit Dubé, and on behalf of the board of directors and senior management, I would like to welcome you to CGI's annual general meeting of shareholders. The meeting will be conducted in French and English, and simultaneous interpretation is available. You may select your preferred language or listen in real-time without interpretation. You can use the webcast settings a ...